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Jul 21, 2011
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that is a big question. and a big liability on the democratic side. as well as republican hesitation. about giving in to triggers down the road. that would change some of tax plans. tax rates would be lowered on individuals and corporations. but you have to trust that the cuts would actually take place. >> bret: i mean here we go again. we have been down this road before, steve. figuring out what exactly is in the piece of legislation. >> it was six pages yesterday. it doesn't have details. that's a reason to be skeptical of it until we see what is in it. i think we're at a pretty crucial point in this entire discussion. i think we are at a point where i hate to agree with juan about where "cut, cap and balance" is going. >> i thought you were going to say ever. >> i do hate to agree with juan ever, although he did say that raising taxes was a negative. if i'm not. >> yes. especially for. >> that was. >> that's the truth. i tell you the truth. >> we're in a big moment. "cut, cap and balance," i like "cut, cap and balance" on substance. i agree it is n
that is a big question. and a big liability on the democratic side. as well as republican hesitation. about giving in to triggers down the road. that would change some of tax plans. tax rates would be lowered on individuals and corporations. but you have to trust that the cuts would actually take place. >> bret: i mean here we go again. we have been down this road before, steve. figuring out what exactly is in the piece of legislation. >> it was six pages yesterday. it doesn't have...
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Jul 22, 2011
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if there is a deal, no deal, a big deal. everyone is shooting a deal down. what is happening as we're 12 days from the debt ceiling deadline. bring in panel. jonah goldberg. mara liasson of national public radio. and sindcated columnist charles krauthammer. mara? do we have any clarity? >> well, we know there was a all right of deal and it upset the democrats. nothing was decided until everything was decided and the report of the new iteration of the grand bargain that spending cut are front loaded and the revenues would be back loaded and tied in to tax reform in some way. democrats were unhappy. not unlike you saw republicans kind of freak out when they thought there would be a deal with the tax hikes in it. they're up at the white house talking to the president to make sure he means what he says when he said there would be a balanced -- he would incyst on a balanced deal. something like tax hike. spending cuts. now, i think from what i learn today, the elements that they are working with are the same as they have been working with all along. the problems
if there is a deal, no deal, a big deal. everyone is shooting a deal down. what is happening as we're 12 days from the debt ceiling deadline. bring in panel. jonah goldberg. mara liasson of national public radio. and sindcated columnist charles krauthammer. mara? do we have any clarity? >> well, we know there was a all right of deal and it upset the democrats. nothing was decided until everything was decided and the report of the new iteration of the grand bargain that spending cut are...
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Jul 19, 2011
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they are talking to the big problem. take a listen to this. >> so many people talk about doing this. with $2 trillion of deficit reduction. this is not a solution. that is not going to fool our creditors. >> everyone else is talking about $2 trillion. it doesn't pay the interest in next ten years. >> tom coburn coming up with his own plan, entitled back in black. here is some of it re deuce the size of government 20 to 25%. balance the budget in ten years. $3 trillion from entite #alment reformat, $1 trillion from the tax code reform, $1 trillion in saved interest costs. adding up to $9 trillion total and says it's specific the plan. conrad late today responding this is a bit too much. what about this? >> the interesting thing is the perspective from the debate, this won't pass congress is it puts revenue on the table. not many republicans are willing to do that. democrats will go back to that and say even tom coburn is willing to do it. >> bret: the tax code is restretchtureed and close it down. the republicans haven't
they are talking to the big problem. take a listen to this. >> so many people talk about doing this. with $2 trillion of deficit reduction. this is not a solution. that is not going to fool our creditors. >> everyone else is talking about $2 trillion. it doesn't pay the interest in next ten years. >> tom coburn coming up with his own plan, entitled back in black. here is some of it re deuce the size of government 20 to 25%. balance the budget in ten years. $3 trillion from...
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Jul 29, 2011
07/11
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these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down. >> yes. correct. >> greta: that is when people goring to be unhappy. >> here is what reid and mcconnell would do. find a way to adjust the bill so you can get votes to get over 60 votes, and send it back to the house, now with democrats having voted for it, you can get democratic votes in the house. and boehner still needs to get a majority of the conference but there is more flexibility there. >> so he's going to lose more there because you can pick up democrats because of the changed bill? >> yes. there are a lot of republicans and i
these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down....
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Jul 29, 2011
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they think in the long run it will be effective in a big debate like this. bret? >> bret: ed, thank you. stocks were again down today to close what was the worst week in a year. the dow dropped 97, the s&p 500 gave back 8 1/3, the nasdaq dropped 10. fuel to the fire in the debt ceiling debate. peter barnes breaks down the number. >> high gas prices and weak income gains for workers have the economy growing at its slowest six-month pace since the economic recovery began early last year. the government said today that gdp grew at just a 1.3% annual rate in the second quarter, well below expectations. but the shocker was a huge downward revision of the number for the first quarter. growth originally clocked in at 1.9%, but now the government says it grew at just .4 of a president. for the president, the numbers were too bad to ignore, even as he pressured republicans to cut a deal with him on the debt ceiling to help the economy. >> on a day when we've been reminded how fragile the economy already is, this is one burden we can lift ourselves. we can end it with a sim
they think in the long run it will be effective in a big debate like this. bret? >> bret: ed, thank you. stocks were again down today to close what was the worst week in a year. the dow dropped 97, the s&p 500 gave back 8 1/3, the nasdaq dropped 10. fuel to the fire in the debt ceiling debate. peter barnes breaks down the number. >> high gas prices and weak income gains for workers have the economy growing at its slowest six-month pace since the economic recovery began early...
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Jul 25, 2011
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. >> big difference between talking and getting stuff done. and i get stuff done. >> it's the latest chantner the rivalry of the two minnesota candidates for the republican presidential nomination, which boiled over yesterday, with pawlenty having spent almost two weeks saying bachmann has no congressional accomplishments to speak of, bachmann had enough. in a sunday statement, she fired back saying "i've fought against irresponsible spending while governor pawlenty was leading a multimillion dollar budget mess in minnesota." later the bachmann campaign added on healthcare mandates, climate change and wall street bail-outs there's very little daylight between governor pawlenty's record and the obama administration's." this back and forth comes with pawlenty still trailing bachmann in the polls. for bachmann, the verbal sparring seems to come with at least some risk. it will likely draw even more attention to the iowa straw poll, less than three weeks away, and pawlenty seems to have the advantage of a larger, deeper iowa organization. the stra
. >> big difference between talking and getting stuff done. and i get stuff done. >> it's the latest chantner the rivalry of the two minnesota candidates for the republican presidential nomination, which boiled over yesterday, with pawlenty having spent almost two weeks saying bachmann has no congressional accomplishments to speak of, bachmann had enough. in a sunday statement, she fired back saying "i've fought against irresponsible spending while governor pawlenty was leading...
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Jul 16, 2011
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and why the big 5-0 might not be a big birthday bash for the president. @@ my bills are going through the roof. do you know, my medical costs have gone up so much, i can't even afford my prescriptions anymore. you wouldn't leave your grandmother all alone. and i just found out my rent is going up again. yet millions of seniors are on their own, struggling to make ends meet. you should see my utility bills. expenses are soaring. costs are skyrocketing. and don't get me started on the prices at the grocery. but social security checks are too low to help seniors keep up with inflation. i don't think anybody even cares about me anymore. there is hope. the senior citizens league, a nonpartisan group more than one million seniors strong, is fighting for better social security and medicare benefits. for more information, call 1-800-333-8725 or visit www.seniorsleague.org. the senior citizens league. you're not alone. ♪ ♪ >> bret: now some fresh pickings from the political grapevine. president ba obama has another incentive to get the debt ceiling deal done. his 50th birthday fundraisers
and why the big 5-0 might not be a big birthday bash for the president. @@ my bills are going through the roof. do you know, my medical costs have gone up so much, i can't even afford my prescriptions anymore. you wouldn't leave your grandmother all alone. and i just found out my rent is going up again. yet millions of seniors are on their own, struggling to make ends meet. you should see my utility bills. expenses are soaring. costs are skyrocketing. and don't get me started on the prices at...
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Jul 19, 2011
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discreet, little tubes packed with big relief. from the brand doctors recommend most by name. new preparation h totables. the anywhere preparation h. >> bret: members of the so-called bipartisan gang of six today stood before a group of their fellow senators briefing them on the work they've done so far toward a debt deal. idaho senator mike crapo is one of them. he joins us here in studio. good evening, senator. >> good evening. >> bret: let's start first of all with a broad overview and the reaction to it on capitol hill today. >> we had a positive reaction. we had 50 senators probably equally divided among the republicans and democrats. overall, i would say it's much more positive than i expected. that is a good sign. the overview is this is a comprehensive that i say really a shift in the american fiscal policy dynamics. much broader than a debt ceiling battle we're having. we have haven't brought it out as the debt ceiling battle. this is an effort to deal with the debt crisis. we put everything on the table. which means we are looking at a 3-1/2 to $4.5 trillion bill whi
discreet, little tubes packed with big relief. from the brand doctors recommend most by name. new preparation h totables. the anywhere preparation h. >> bret: members of the so-called bipartisan gang of six today stood before a group of their fellow senators briefing them on the work they've done so far toward a debt deal. idaho senator mike crapo is one of them. he joins us here in studio. good evening, senator. >> good evening. >> bret: let's start first of all with a broad...